Strategic myopia is the willingness to reject unfamiliar as well as negative information

Auditors have a higher degree of responsibility for detecting illegal acts that have a direct effect on the financial statements than illegal acts that do not have a direct effect on the financial statements

Indicate whether the statement is true or false

The IASB and FASB joint boards have identified the primary user groups of financial information as all of the following except

A) equity investors B) labor groups C) lenders D) other creditors (capital providers)